Viacom Inc.'s Paramount Parks plans to build a $1.5 billion theme park in the eastern Chinese city of Hangzhou in partnership with Shui On Group Ltd., a Hong Kong developer, according to the municipal government and the builder.

crazy horse

Jeff

Saturday, May 28, 2005 12:07 PM

That doesn't mean it's not profitable, it just doesn't offer the growth that the execs thing is necessary to keep the stock price high. That's the stupid short-term mentality that people have these days.